A Contract That "Shocks the Conscience of the Court" Is

question 32

Multiple Choice

A contract that "shocks the conscience of the court" is said to be ________.

• A)illegal
• B)voidable
• C)exculpatory
• D)unconscionable

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Definitions:

Units

The quantitative units of product or service in accounting or inventory management.

Average Cost

Average cost refers to the total cost of production divided by the number of units produced, used in evaluating cost efficiency.

Helpline Costs

Expenses incurred in operating a support service that provides assistance and information to customers.

Calls

Options contracts that give the holder the right, but not the obligation, to buy a specified amount of an underlying asset at a set price within a defined period.